Sweden, FranceFrance

Cellectis buys Cellartis


Paris – For €16.4m in cash and roughly €12m in shares, French genome engineering specialist Cellectis has taken over Swedish Cellartis. Cellartis is the European leader in stem cell-derived cardiomyocytes and hepatocytes. With 62 employees, it earned €3.8m in 2010." The acquisition of Cellartis will enable Cellectis to gain a leadership position in the very promising field of stem cells", said Thomas Devedjian, Director and Member of the Executive Committee of the FSI. The FSI or Strategic Investment Fund, is a strategic investment tool of the French State. Together with private investor Pierre Bastid, the FSI will cough up €50m to finance the move. Cellectis wants to become the world leader in stem cell-derived in vitro R&D tools and related technologies. Cellartics value for Celelctis is based on two main pillars. The Swedes own the largest stem cell bank in the world (30 proprietary lines) and in 10 years have built a considerable expertise and two certified production sites in Sweden and Scotland. The second pillar is the research collaborations with partners like Novo Nordisk and the French Blood Agency.



Paris/Cambridge (Mass.) – French pharma giant Sanofi-Aventis is set to take-over US biotech specialist Genzyme in a $20.1bn deal, the biggest corporate acquisition worldwide so far this year and the second-largest in the history...



Paris – A recently released study provides evidence that there is no reason to believe that omega fatty acids or B vitamins can protect you from severe cardiovascular disease (BMJ, doi: 10.1136/bmj.c6273.). A research group...



Nantes – The Nantes University Hospital Institute, also called the “European Center for Transplantation Sciences and Immunotherapy” (TSI-IHU), is commissioning new biomanufacturing capacities. Last year at the site, Atlantic Bio...



Bordeaux – A French-Spanish research team has determined that malnutrition with omega-3 fatty acids has deleterious consequences on synaptic functions and emotional behaviours in mice (Nature Neuroscience,...



Toulouse – Biopharmaceutical company Cerenis Therapeutics S.A., which is developing drugs based on high density lipoprotein (HDL) to treat cardiovascular diseases, has raised a further a10m in a second close of its third round of...



Paris – Genome engineering specialist Cellectis has signed the first licence for the use of induced pluripotent stem (iPS) cells in the development of human regenerative medicines with their inventor Shinya Yamanaka of the Centre...

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